Restructuring buzz electrifies Reliance Energy

Reportedly, Reliance Energy (REL) wants to be known as an infrastructure player rather than a pure power utility with forays into projects such as roads, metro rail and real estate.

Currently, REL has two key divisions, power and engineering, procurement and construction (EPC). The power division, which includes generation, transmission and distribution businesses, contributes about 64% of overall revenues while balance comes from the EPC division.

As per recent reports, REL’s fast-growing EPC division may be spun off into a separate company.